GrabRentals CNY2020 Fare Bonus Scheme

Sign-up period (12M & 24M contracts): 13 January 2020 (10am) – 8 February 2020 (2pm)

Sign-up period (3M & 6M contracts): 22 January 2020 (10am) – 8 February 2020 (2pm)

Exclusive to new GrabRentals Hirer-Partners only!

How it Works

Fare Bonus 8% of total weekly fares
Bonus Cap $100 per week
Fare Calculation Period Starts the following week after collection of vehicle, from Monday 12:00 AM till Sunday 11:59 PM. Will last for 11, 22, 50 & 50 consecutive weeks for 3M, 6M, 12M, 24M contracts respectively
Payout Period Week after fare calculation week. Payout into credit wallet
Eligibility Exclusive to new GrabRentals Hirer-Partners who sign a 3M or longer contract

No AR/DR/CR/minimum trip requirements

Example 1:

  1. Mr Tan is a new Grab driver who decided to rent from GrabRentals on a 12M contract.
  2. He collected his car last Wednesday and his vehicle details were updated with Grab on the same day.
  3. He drove for Grab and earned fares of $500 from Wednesday to Sunday in the same week he collected his car. He then earned $1250 of fares from Monday 12:00 AM to Sunday 11:59PM the following week.
  4. Only the $1250 of fares earned from Monday to Sunday qualify for the bonus. This is because the T&Cs of the fare bonus state that the fare bonus count starts from the following Monday (after collection of vehicle) 12:00 AM till Sunday 11:59 PM.
  5. Therefore, Mr Tan will be eligible for $1250 × 8% = $100 in fare bonuses

Example 2:

  1. Mr Lim’s contract with another rental company has expired and he decided to rent a car from GrabRentals on a 6M contract.
  2. He collected his car last Friday and his vehicle details were updated with Grab on the same day.
  3. He drove for Grab and earned fares of $100 from Friday to Sunday in the same week he collected his car. He then earned $1000 of fares from Monday 12:00 AM to Sunday 11:59PM the following week.
  4. Only the $1000 of fares earned from Monday to Sunday qualify for the bonus. This is because the T&Cs of the fare bonus state that the fare bonus count starts from the following Monday (after collection of vehicle) 12:00 AM till Sunday 11:59 PM.
  5. Therefore, Mr Lim will be eligible for $1000 × 8% = $80 in fare bonuses

Terms & Conditions

  1. To be eligible for this fare bonus, the driver MUST:
    • Rent from GrabRentals AND
    • Have already collected the vehicle AND
    • Have registered/updated valid Rental Agreement & Insurance Certificate with Grab.
  2. Not eligible for current GrabRentals Hirer-Partners who return their vehicle on/after 13 January 2020.
  3. ‘My Destination’ and ‘Premium’ Trips DO NOT qualify towards the weekly fare calculation.
  4. Your fare bonus calculation will only start on the following Monday (after collection of vehicle) 12:00 AM till Sunday 11:59 PM, and will run for ONLY 11, 22, 50 & 50 consecutive weeks for 3M, 6M, 12M & 24M contracts signed respectively.
  5. Bonus will be paid into your credit wallet on the following week.
  6. Jobs outside of Singapore do not count.
  7. Grab reserves the right to withdraw, amend and/or alter any part of the terms and conditions of driver incentives at any time without prior notice.
  8. Grab reserves the right to claw back any amount paid if the Hirer is found ineligible for the promotion.
  9. For any queries, please call the GrabRentals hotline at 31388644, or proceed to Grab@Sin Ming for further assistance.